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Europe has 'means to resist' impact of China crisis: EU economics commissioner EU Economic Affairs Commissioner Pierre Moscovici said that Europe had the "means to resist" the impact of China's slowing economy.

28 August 2015

China poses risks to global economic recovery: France China's faltering growth poses a threat to a recovery in the global economy, France's economy minister Emmanuel Macron said Tuesday.

25 August 2015

Russian ruble falls to 2015 low as stocks plunge Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.

25 August 2015

Nazarbayev urges exporters to sell dollars at home After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.

24 August 2015

Threat of default in Kazakhstan assessed by analysts Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.

21 August 2015

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt? Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

20 August 2015

Kazakh currency falls 23 percent after switch to free-float Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.

20 August 2015

Greece repays 3.4 bn euros to European Central Bank: source Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.

20 August 2015

Causes of tenge-dollar exchange rate spike unclear People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

20 August 2015

Tianjin blasts echo across economy The economic impact of the Tianjin explosions could reverberate for months.

19 August 2015

New devaluation in Kazakhstan? Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.

19 August 2015

Japan economy's contraction a blow for 'Abenomics' Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.

17 August 2015

Eurozone approves Greek bailout accord worth up to 86 bn euros: official Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.

15 August 2015

China's long march to currency reform takes a step forward China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.

14 August 2015

Kazakhstan's 5% employer pension contributions explained by Vice Minister Vice Minister of Health and Social Development explains the new provision in the pension legislation concerning five percent employer contributions.

13 August 2015

Pension reform in Kazakhstan raises questions Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.

11 August 2015

Greece reaches deal with creditors: government source Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.

11 August 2015

IMF approves $1.7 bn loan installment to Ukraine The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.

01 August 2015

Spain raises pay before elections, warns on Catalonia Spanish public workers will get a one-percent pay rise next year, trumpeting the country's economic recovery a few months ahead of a general election.

01 August 2015

IMF says it will not join new Greece bailout right now The International Monetary Fund said it would not join a new bailout program for Greece until conditions for debt sustainability.

31 July 2015

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